11 CRR-NY 28.3NY-CRR

OFFICIAL COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 11. INSURANCE
CHAPTER II. AGENTS, BROKERS AND ADJUSTERS
PART 28. PROFESSIONAL BAIL AGENTS
11 CRR-NY 28.3
11 CRR-NY 28.3
28.3 Appointment of bail agents.
(a) Every insurer and charitable bail organization shall file a certificate of appointment in such form as the superintendent may prescribe to appoint a bail agent to represent the insurer or charitable bail organization. The appointing insurer or charitable bail organization shall file the certificate of appointment within 15 days from the date the agency contract is executed.
(b) A certificate of appointment shall be valid until:
(1) terminated by the appointing insurer or charitable bail organization in accordance with the provisions of the agency contract;
(2) the bail agent’s license is suspended or revoked by the superintendent; or
(3) the bail agent’s license expires and is not renewed.
11 CRR-NY 28.3
Current through July 15, 2021
End of Document